Here is an interesting story from the Sports Business Journal about how ESPN and Fox are expected to partner on a new Big 12 TV deal similar to their recent Pac 12 TV contract. The article explains how the partnership is effectively pricing NBC out of the BCS football programming market.
For VT fans, it is worrisome how far behind the ACC is falling in the TV dollars race. Roughly two years removed from signing what seemed to be a large TV deal, the ACC is trailing substantially in TV revenue from our BCS colleagues (excluding the Big Least). Here is the estimated breakdown by conference of TV rights $ per year per team for 2012 and beyond.
PAC 12 - $20.8M
Big 12 - $19M
Big Ten - $18.7M
SEC - $17.1M (based on 12 teams)
ACC - $12.9 (based on 12 teams)
Big East - $4.1M (football only - based on 8 teams)
The SEC and ACC are actively renegotiating their TV contracts based on last year's expansion but only with their current TV partners. Which in the ACC's case is only ESPN.
How the Pac 12 and Big 12 were able to negotiate such lucrative deals roughly 1 year after the ACC's last deal is amazing. Especially the Big 12 being on life support for 2 years and now on the verge of more than doubling their current TV money. Either their leadership is amazing or Swofford majorly dropped the ball. Unless Swofford can pull something out of the hat, generating $5M - $8M less a year for 12 years to other big league teams is going to hinder the ACC well into the future.
Thread: SBJ - Big 12 TV deal
Tue Mar 20 2012, 03:24 PM #1
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SBJ - Big 12 TV deal